It has the unique combination of growth, improving fundamentals and a strong chart.
Since bottoming in March, it’s risen over 70%.
Shares have tripled from their March lows and recently hit a fresh multi year high.
Earnings season provides a good opportunity to catch falling knives. That said, these three names are great stocks to buy on the dip.
By leveraging this pick-and-shovel play, we’re targeting triple digit returns.
Our target potential upside is nearly 31% to 54% in the next 3-6 months.
It’s my “Option Trade of the Day”.
Here are today’s upgrades and downgrades: Rolls-Royce, Boise Cascade, Team17, Vista Outdoor, Casio Computer and more.
These stocks have a robust earnings growth outlook and its likely that earnings growth can potentially accelerate due to the pandemic.
Homebuilders have been some of the best performers over the last six months, and this name in particular is one of the tops when it comes to the fundamental ratings.